Mountain Real Estate Capital Tops $150 Million Invested in 2013 After Latest Texas Land Joint Venture

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    By The Hoyt Organization -

    Torrance, CA – May 23, 2013 – (RealEstateRama) — Mountain Real Estate Capital (MREC) and Houston-based Land Tejas Companies (Tejas) announce a recapitalization of another of Tejas’ master planned communities, Harmony in North Houston, located just a few miles from the new ExxonMobil campus. Harmony will include over 2,000 residential home sites, a $6 million aquatics complex and premium residences being built by Perry Homes, Ashton Woods Homes, CastleRock Communities, Darling Homes, First Texas Homes, Village Builders, Westin Homes and Highland Homes. Development of Harmony is being managed by Johnson Development Corporation.

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